CarteaCar Loan Calculator

L7 Pro Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

select car *

car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 14,648

Down Payment

AED 43,470

Total Cost

AED 219,246

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 14,648AED 161,128
2AED 14,648AED 146,480
3AED 14,648AED 131,832
4AED 14,648AED 117,184
5AED 14,648AED 102,536
6AED 14,648AED 87,888
7AED 14,648AED 73,240
8AED 14,648AED 58,592
9AED 14,648AED 43,944
10AED 14,648AED 29,296
11AED 14,648AED 14,648
12AED 14,648AED 0

Monthly Payment Composition

Interest: 158
Principal: 14490

L7 Pro Car Loan Calculator FAQs in UAE

  • The L7 Pro car loan in UAE is a financing option provided by banks to help you purchase the L7 Pro model, allowing you to pay for the vehicle in installments over a specified period.
  • To apply for an L7 Pro car loan, you need to visit a bank or financial institution, fill out an application form, provide required documents such as ID, income proof, and vehicle details, and await approval.
  • Yes, taking a loan for the L7 Pro can affect your credit score. Timely payments can improve your score, while missed payments may negatively impact it.
  • When taking an L7 Pro car loan, consider the interest rate, loan term, monthly payment amount, total cost of the loan, and any additional fees or insurance requirements.
  • Factors that influence the interest rate for an L7 Pro car loan include your credit score, the loan amount, the loan term, market interest rates, and the bank's policies.